Paddy Adenuga: How I NEARLY bought Chevron Netherlands (long read)

Whilst I lay in bed that night, one of my closest confidants nicknamed Heisenberg and a director in Catalan called me. I remember our conversation like it was yesterday. Heisenberg said, “Mr. P, how many people are given the opportunity you had at 29 to buy Chevron Netherlands? How many Nigerians can ever say they were in a competitive bid to buy an oil & gas company in Europe and almost won? How many young men at your age with the same background, simply settle for less? But you went out into the real world and fought hard and fought valiantly. You got one of the largest indigenous Dutch oil companies and the Dutch state-run oil company to partner with you. You might have lost but you won. Take this as a privilege and that God himself is shaping you into a Man and not just any Man.” He was right and I agreed. Heisenberg advised that I head off to the one place that always rejuvenates my soul… Los Angeles. I got up out of bed, walked down into my study, went online and bought a ticket for the next morning’s flight to Los Angeles. I would go away for two months.

I arrived in Los Angeles half a day later. I sat in my apartment for the first two days. I barely ate and just stared into nothing. This was the cathartic process to get over my loss. Then I got into my car and drove to Malibu. There is nothing more peaceful than a scenic drive down the Pacific Coast Highway (PCH). The Pacific Ocean waters out to infinity on your left and there are cliffs, bluffs, and stunning mountains to your right. The California sun in all its warmth shines down and that good Cali fever infects your soul. This was Californication at its finest. I enjoyed my two months in Los Angeles. I partied hard, went to the Drake vs. Lil Wayne concert at the Hollywood Bowl, sat courtside and watched Kobe Bryant of the Los Angeles Lakers play a good game, ate well and one night dined at BOA steakhouse on Sunset – at the table in front of me was an orange haired business man named Donald Trump, if only I had a crystal ball then. I went to Disneyworld and had a blast. California had healed me. I was okay again. I thanked God not only for the opportunity and the experience but also for blessing me with a good life. He had taught me some valuable lessons and helped me discover new parts of myself I didn’t know existed. Heisenberg was right, I was becoming a Man in the true sense of the word.

A year later, I moved back to Lagos for a few months to be closer to my family and to take a break from work. A South African company, HKLM that had helped my father design the logo for his telecoms company were in Lagos doing some further design work for my father. My father always uses a bull as his personal insignia and it had become synonymous with him. Gary Harwood of HKLM asked me if I wanted my father’s bull insignia adorned on any clothing or stationery. I told Gary that I wasn’t a bull and that my father was “the bull”. Gary countered and said, “Well Paddy if you are not a bull, then what are you?” I paused for a moment, thinking. My mother was born on August 2nd, 1950; she is a Leo by star sign. Leo’s are lions and I was my mother’s lion son, her Simba. I told Gary, “I am a Lion. I always have been and always will be.” Two weeks later Gary sent me a design of my own personal insignia, it was a Lion’s head. We made a few tweaks to make the Lion look more intimidating yet regal and Gary sent me the final design. In a very clever and touching way, Gary and his team had woven some of my facial features into the design of the Lion’s face. This Lion no matter who might see it or who might copy it would have me staring right back at them. I thanked him for a wonderful present.

I called Remi and told him that I was back in Lagos. He invited me over to his palatial and modern home. He liked my Lion’s head insignia that I had stitched onto the pocket of my native Nigerian kaftan. We sat down for hours and talked business and politics. Then Remi asked me what was I doing in London all that time, away from the family business. I was happy to tell him about Chevron Netherlands at this point, the deal was done and over. Remi looked at me in astonishment, “You mean you took on a whole Chevron, with no noise, no fanfare and none of us knew? Ahh bros you try!” We laughed it off. Remi then revealed the biggest bombshell of my Chevron Netherlands adventure. The managing director of Petrogas of Oman was a close friend of his and he knew he was bidding for Chevron Netherlands at the time. If I had told him what I was up to when we saw in London, whilst I was searching for the last bidder, he would have introduced us. I was blown away. There it was that whole time. That mystery last bidder that I had searched so hard for was there for my taking and it passed right by me.

I went back home that night and made myself the strongest drink. History couldn’t tell this story. I would have to.

Social Comments

7 Comments

The managing director of Petrogas of Oman was a close friend of his and he knew he was bidding for Chevron Netherlands at the time. If I had told him what I was up to when we saw in London, whilst I was searching for the last bidder, he would have introduced us. I was blown away. There it was that whole time. That mystery last bidder that I had searched so hard for was there for my taking and it passed right by me. This killed it.. Had a lot to learn from your business adventure..

It’s always good to be a good son & a good boy. Keep it up. Also remember the down trodden Nigeria youths who need empowerment and job. Oil & gas business is diversifying, it has the opportunity and a wider range where youths can be involved positively
I sincerely wish you good luck in your future endeavors in Jesus mighty name-Amen.

I like this story. If he had succeeded in pulling this through, people will say it is because of his father’s money, without knowing the tenacious efforts Paddy put in! Nice one, Paddy! We live and we learn.